Nze-Bekale Fabrice 4

What Happened
Nze‑Bekale Fabrice, an outside director of VAALCO Energy, Inc. (EGY), received a grant of 23,173 restricted common shares on June 4, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), reflecting a restricted stock award rather than a cash purchase.

Key Details

• Transaction date: June 4, 2026; Form 4 filed June 8, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 23,173 restricted shares; reported acquisition price $0.00 (total $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting: All shares vest on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting of stockholders (but in any event not less than 50 weeks after the grant), provided the reporting person remains an outside director and has not been terminated from board service (per footnote).

Context
This was a restricted stock award to a non-employee director (compensation/retention), not an open-market purchase or sale. Such grants are common for outside directors and are contingent on continued service per the stated vesting terms; they do not by themselves indicate buying or selling sentiment.